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HomeMy WebLinkAboutD-1994 '~ I .~t ~ " -,( . I " "\ I' 8x06941 Fe 30 CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed or transferred to the City of Arcadia, a Municipal Corpo,ation, by the deed, grant, conveyance or instrument dated Januarv 8. 1976 , from or executed by Thomas William and Miriam A. Kendall , is hereby accepted by the City of Arcadia by the order or authorization of the City Council of the City of Arcadia contained in Resolution No. 2963, adopted January 21, 1958, and recorded in the office of the Recorder of Los Angeles County on January 29, 1958, as instrument No. 3069 in Book 56448, Page 264, Official Records of Los Angeles County; and the City of Arcadia consents to the recordation thereof by its duly author)<zed officers, ~L..J is hereby a~i!~~ / "... ~ECORDING REQUESTED BY ( ,. " -SliFECO 11lli INSURANCE COMPANY - AND WHEN IIII:COIltDItD NAIL TO I I Nom. CITY CLERK St,..., CITY OF ARCADIA Add,.... 240 West Huntington Drive C,ty & Arcadia, California 91006-1 $101. L MAll TAX STAUMfNn TO I I Nome CITY CLERK 5,,...t CITY OF ARCADIA Addr... 240 West Huntington Drive CIty , Arcadia, California 91006~ S'oteL ~tiT ~~ f.vl- ....v"', I" '-.J' J IQ'?1 FICIAL RECORDS RECORDED IN E~~S COUNTY, CA OF LOS ANG JAN 191976 AT 8 A.M, Recorder's Ollice 1 FREE -+ J I SPACE ABOVE THIS L.INE FOR RECORDER'S USE TO 1923 CA (12-74) Individual Grant Deed THIS FORM FURNISHED BY TlCOR TITLE INSURERS The undersigned grantor( s) declare (s) : Documentary transfer tax is S ~ ( ) computed on full value of property conveyed, or ( ) computed on full value less value of liens a d encu ( ) Unincorporated area: (,Xl City of C. FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, ~ APN "01- &.i' <'& . C. &00 .t,f t ~&~.s. 0<1& roq./l) "'&. ~ 8.<0,/'.i'& ctl/&. 91/& to ~ho ~t&ct C'.:{ t,/I1J&l)t ~ <I" &~ 9lJ.:{ .to./. ranees remaining at time of sale. , and THOMAS WILLIAM KENDALL and MIRIAM A. KENDALL hereby GRANf(S) to CITY OF ARCADIA" a Municipal Corporation_' the following described real property in the County of Los Angeles City of Arcadia 1 State of California: (See Exhibit "A" consisting of two pages attached hereto for description) C"', , , Dated January $>, 1976 Ddf~ ~~lf Thomas William Ken, 11 ~A~~ Miriam A. Kendall STATE OF CALIFORNIA } COUNTY OF T.r>c: IIn']eles SS On .Tr:lnl1~l'"'Y S, 1976 before me, the under. Signed, a Notary Public In and for said State, personally appeared THOMAS WTT.T.TAM KF.NnAT,T. ;.nil MIRIAM A. KENDALL 10 he the person.5.--whose nam'" ~ Instrument and acknowledged that WITNESS my hand and official seal. . known to me ;:..r~ subscllbed to the wlthlll ~hey executed the same ilIl1lllJflUHllllJllllll1murrlmllllllllltlllll1lt1rllllllt!1l1I1I!H1I1lIlIlIllIlIl11lllTllllIIUllIllll1ll1l111 g @ OFFICIAL SEAL ~ ~ LUANA LOUTTlT ~ ~ t& . NOTARY PUBLIC-CALIFORNIA l ; PR.NCIPAL OFFICE IN ! ~. LOS ANGELES COUNTY ~ ~ My CcmmlSsion Expires Sept. 20, 1976 i ;buuuwIUlIIUIIIIII'llIIlllllllllwnIIlIIllWIIUlllIlllIllUIIIIlWlIlllllllllllllllllllllltlUWlIIllllI .} s,gnatu~~#~~i/ Title Order No, ('I'I,I~ KI l'1l. 101 ol'll< l~ 1 notarllll ~l'.ll) Escrow Ot Loan No_ M....IL TAX STAT~MENTS AS DIRECTED ABOVE )JrJ 7.b~ /- <(J- ~ .,t: , " J 2 3 4 5 6 7 8 9 -- - --.-- ~~-- ------ ---- --------- -- ~ ~~--p ~--_.~_........... PARCE.., J.: o That portion of Lot 1 of Tract No. 949, in thc City of Arcadia, in the County of Los Angeles, Stat~ of California, as per map recorded in Book 17, pa,ge 13 of Maps, in the Office of the County Recorder of said County, described as follows: Beginning at the intersection of the Northeasterly line of said Lot 1 with the North line of Colorado Boulevard (formerly Orange Avenue), 80 feet in width, as described in, deed to said City of Arcadia, and recorded in Book 9j96, page 145, of Official Records, of said County; thence West along the North line of said Colorado Boulevard, 331.34 feet: thence North 262.93 feet, more or less, to the intersection with the North- easterly line of said Lot 1; thence South 51034'00" East along the Northeasterly line of ,said Lot 1; 422.99 feet, more or less, to the point of beginning. 10 PARCEL 2: That portion of Lot 1, Tract 949, in the City of Arcadia, in the County of Los lmgeles, State of California, 'as per map recorded in Book 17, page 13 of Maps, in the Office of the County Recorder of said County, described as follows: Beginning at a point in the North line of Colorado Boulevard (formerly Orange Avenue), 80 feet in width, as described in deed to said City of Arcadia and recorded in Book 9396, page 145 of Official Records, distant West 331.34 feet thereon from its point of intersection with the Northeasterly line of said Lot 1; thence West along the Nor~h line of said Colorado Boulevard, 140 feet; thence North 374.03 feet, more or less, to its point of intersection with the Northeasterly line of said Lot 1; thence South 6'1034'00" East along the Northeasterly line of said Lot 1, 178.72 feet,'more or less, to its point I of intersection with a line drawn through the point of beginning, and having a bearing of North; thence South along said line, 262.93 feet, more or less, to the point of beginning. PARCEL 3: That portion of Lot 1 of Tract 949, in the City of Arcadia, in the County of Los Angeles, State of California, as per map recorded in Book 17, page 13 of Maps, in the Office of the County Recorder of said County. l3eginning ilt u point in the North line or Color-1c]o Jloulcvurd (formerly Orange Avenue), no [oct in wLdth itS clor;crilJcd in deed to said City of Arcadia and recorded in Book 9396" page 145, Official Records, of said County, distant West 471.34 feet thereon from jts point of intersection with the North- easterly line of said Lot I;, thence West along the North line of said Colorado Boulevard 105.00 feet; thence North 457.35 feet, more or less, to its point of intersection with the Northeasterly line of said Lot 1; thence South 51034'00" East Page 1 of two pages Exhibit "A" " RECORDER'S MEMO: POOR RECOflD IS DUE TO '-. ~A!,.I1Y OF ORIGlN'AL DOCUMENl1 r-~ i i r "'UU.:J'T I .. -.lL. along tile Northeasterly lillo.of. said Lot 1, 134,O~ feet, more or less, to its point of intcr"'.'ction with a line'drawn through the point of beginning ilnd h<lving a beari ng of North; thence South along said line 374.03 feet, more or less, to the point of beginning. I EXCEPT that portion of said land described as follows: Beginning <It the Southeasterly corner of Lot 32 of Tract No. 16388 as shown on map recorded in Book 387, pages 43 and 44 of Maps, in said Office; thence North 100.3,' 00 ,i~ along the Easterly line of said Tract No. 16388 to the Northeasterly line of said Lot 1; thence South 52037'06" East along said Northeasterly line 89.04 feet; thence Sout~ 14050'49"'West, 126.85 feet; thence South 0059~45" West 280.19 feet to ~ poinc in the Northerly line of Colorado Boul~vard, 80.pO feet wide as des- cribed in deed to ~he Citv of Arcadia, recorded in Book 9396, page 145, Official Records, in said Office; thence Westerly along said Northerly line 25 feet to the point of beginning. ~ ~.... -. Pa~e 2 of two pages Exhibit "A" ..---,1-"" COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR-CONTROLLER 153 HALL OF ADMINISTRATION LOS ANGELES, CALIFORNIA 90012 974-8361 MARK H BLOODGOOD AUOITOR_CONTROLLER April 30, 1976 City of A.rcadia 240 West Huntington Arcadia, California Drive 91006 Attention: J. William Phillips, City Attorney S1JllJIDT: Por. of Lot 1, Tract 949 as per map recorded in Book 17, Page 13 of Maps acquired from Thomas William and Miriam A. Kendall. Gentlemen: Pursuant to your letter dated January n, 1976, taxes have been cancelled in accordance with section 4986 of the Revenue and Taxation Code. This cancel- lation waS ordered by the Honorable Board of Super- visors March 29, 1976 by Authorization No. 41280. Very truly yours, MARK H. BLOOroOOD Auditor-Controller ...Je'~ .~~ ~ Edward Gufrrero, Chief Tax Division ro/1C/kk Tax Div. H-6 #C-11 4/76 !!H!CEiVED [MY 031976 CITY OF ARCADIA CITv ~TTr~NEY; R08ERT A GILL CHIEF DEPUTY E GUERRERO CHIEF, TAX DIVISION Direct inquiries to Attn: Thelma Crutchfield P-~!:.:rVED @) SAFECO Jr', . '---. DtPI V~ r'lJIlUC WOUl C1TY' OF A.l!t.~Dt' CLTA,1973 STANDARD COVERAGE POLICY OF TITLE INSURANCE IS!:lued by SAFECO TITLE INSURANCE COMPANY SUBJECT TO SCHEDULE B AND THE CONDITIONS AND STIPULATIONS HEREOF, SAFECO TITLE INSURANCE COMPANY, a California corporation, hereIn called the Company, insures the insured, as of Date of Poltey shown in Schedule A, against loss or damage, not exceeding the amount of insurance stated in Schedule A, and costs, attorneys' fees and expenses v,..hich the Company may become obligated to pay hereunder, sustained or im..urred ,by said Insured by rcason of: 1. Title to the estate or interest descrIbed in Schedule A being vested other than as stated therein; 2. Any defect in or hen or encumbrance on such tItle; 3. Un marketabIlity of such title; or 4. Any lack of the ordmary right of an abuttIng o\'mer for access to at least one phYSIcally open street or hIghway if the land, in fact, abuts upon one or more such streets or highways; and III addition, as to an Illsured lender only' 5. Invalidity of the lien of the Illsured mortgage upon said estate or interest except to the extent that such Illvahdlty, or claim thereof. arises out of the tran~actlOn evidenced by the Illsured mortgage and is based upon a. usury, or b. any consumer credIt protectIOn or truth in lending law; 6. Priority of any lien or encumbrance over the lien of the lnsured mortgage, saId mortgage beIllg shown In Schedule B In the order of its prIOrItYi or 7. Invalidity of any assignment of the Illsured mortgage, provIded such asslgnment is shown III Schedule B. ~.Av<.. ~. Secretary -...........,......,""''\\\\\\ $'-~~UIlJl 1\\ =-.. \ ....... N". III - "to .0 . \ A> , ;4.~oGo .o~q'" '1 ,:~o o.r ~ ~ "!,\\'U\l\\POR4 TED\O ~ ~o. o~~ ~ '-" . ~.~ 0 z ~v.': II C\ :~~ ~'&.V';ARCH.5. ,~'i:J~l':J ~,..r.. oo~.::- I 00 0 loo< _ 't ~ 00 00..... - 1\'\\f4[iFD~i.\\"$': \\\\'\.'\.,',.......~ 111 # j(ti4: President An Authorized Signature P-21S (G S) Rev 8-73 CONDITIONS AND STIPULATIONS 1. Definition of Term~ The following tenns when used In this policy mean (a) "Insured" the Insured named In Schedule A, and, subject to any rights or defenses the Company may haloe had against the named Insured, those who succeed to the mterest of such insured by operatIOn of law as dlstmguished from purchase mcludmg, but not limited to, heIrS, dlstnbutees, devisees, surVivors, per. sonal representatives, next of km, or cor. porate or fiduciary successors. The tenn "msured" also includes (I) the owner of the mdebtedness secured by the Insured mortga,g-e and each successor m ownershlP of such Indebtedness (reservinp;, however, all Tights and defenses as to any such successor who a-:quires the indebtedness by operation of law as described In the first sentence of thiS subparagraph (a) that the Company would have had agaInst the successor's transferor), and further Includes (11) any ~overnmental agency or lllstrumentaltty whICh IS an insurer or Kuarantor ander an insurance contract or guaranty Insuring or guaranteemg said llldebtedness, or any part thereof, whether named as an insured herem or not, and (III) the parties deSignated m paragraph 2(8) of these Conditions and Stipulations (b) "lllsured claimant". an insured claImmg loss or damage hereunder. (c) "msured lender". the owner of an insured mortgage. (d) "insured mortgage": a mortgage shown In Schedule n, the owner of whIch IS named as an msured III Schedule A. (e) "knowledge" actual knowledge, not constructive knowledge or notice which may be Imputed to an msured by reason of any public records. (0 "land" the land desrrIbed, spe- Cifically or by reference m Schedule A, and improvements affixed thereto which by law constitute real property, prOVIded, however, the term "land" does not Indude any area excluded by Paragraph No 6 of Part I vf Schedule B of this Pohcy. (g) "mortgage": mortgage, deed of trust, trust deed, or other securIty instru- ment (h) "pubhc records" those records WhICh by law Impart constructIVe notice of matters relatmg to the land. 2. (a) Continuation of Insurance after Acquisition of Title by Insured Lender If thIS polleY msures the owner of the mdehtedness secured hy the msured mort- gage, thiS pohcy shall continUe In force as of Date of Policy III favor of such m- sured who acqUIres all or any part of the estate or mterest In the land descrIbed in Schedule A by foreclosure, trustee's sale, conveyance 10 lieu of foreclosure, or other legal manner which discharges the lIen of the Insured mortgage, and If such msured is a corporatIOn, ItS transferee of the estate or mterest so acqUired, prOVided the transferee is the parent or wholly owned SubSidiary of such insured; and in fa\or of any p;o\ernmental agency or In. strumentahty whICh acqUires all or any part of the estate or Illterest pursuant to a contract of IDsurance or guarant} in- surmg or guaranteemg the mdebtedness secured by the msured mortgage After any such acqUISItIOn the amount of insur- ance hereunder, exclusive of costs. attor- neys' fees and expenses which the Company may be obhgated to pay, shall not ex- ceed the least of: (I) the amount of insurance stated m Schedule A; (u) the amount of the unpaid pnn- cipat of the mdebtedness plus Interest thereon, as determmed undcr paragraph 6(a) (Iii) hereof, expenses of foreclosure and amounts advanced to protect the hen of the insured mortgage and secured by said msured mortgage at the time of ac- qUisition of such estate or mterest III the land; or hii) the amount paid by any ~overn- mental agency or Illstrumentahty, If suc~ agency or IDstrumentality IS the Illsurtd claimant, in acqUISition of such estate or interest m satIsfaction of Its Insurance contract or guaranty. (b) ContinuatIOn of Insurance after Conveyance of Title The coverage of thIS policy shall continue in force as of Date of Policy, III favor of an msured so long as such msured retams an estate or Illterest m the land, or owns an mdebtedness secured by a purchase money mortgage given by a purchaser from 8uch msured, or so long as such m. sured shall have habilIty by reason of covenants of warranty made by such III sured m any transfer or conveyance of guch estate or mterest, prOVided, howeveI, thiS pohrv shall not contmue III force III favor of any purchaser from surh IDsured of either said estate or mterest or the in- debtedness secured by a purchase money mOflgage ~!;Iven to such msured. 3. Defense and Prosecution of Ac- tions-Notice of Claim to be Given by an Insured Claimant (a) The Company, at Its own cost and Without undue delay, shall proVide for the defense of an msured III htlgatlon to the extent that such l1hgatlOn IDvolves an alleged defect, hen, encumhranre or other matter insured agamst by this pohcy. (b) The Illsured shall noufy the Com- pany promptly m wrltmg h) m case of any htigation as set forth m (a) above, (II) III case knowledge shall come to an Insured hereunder of any claim of title or Interest which IS adverse to the title to the estate or mterest or the hen of the msured mortgage, as msured, and which might cause loss or damage for which the Company may be hable by Virtue of thiS pohcy, or (Ill) If title to the estate or m- terest or the hen of the msured mortgage, as lDsured, IS rejected as unmarketable If such prompt notice shall not be gl\en to the Company, then as to sllch IDsured all hablhty of the Company shall cease and term mate In regard to the matter or matters for which such prompt notice IS reqUired, prOVided, however, that fail- ure to notify shall In no case preJudH"e the fights of any such msured under thiS pohcy unless the Company sh.llI he pre- judiced by such failure and then only to the extent of such prejudice (c) The Company shall have the tight at Its own cost to mstitute and without undue delay prosecute any actJOn or pro- ceedlDJ!; or to do any other act which m its oplDlOn may be necessary or desir- able to establish the title to the estate or mterest or the hen of the Insured mort. J!;ag:c, as insured; and the Company may take any appropriate action, whether or not It shall he hable under the terms of thiS pohcy, and shall not thereby con- cede llahlllty or waIve any prOVISion of this pohcy (d) Whenever the Company shalt have brouJ!;ht any actIOn or interposed a defense as reqUIred or permitted by the proVisions of thiS pohcy, the Company may l1ursue any such hhp;atlon to final determinatIOn by a court of competent jurisdiction and expressly reserves the ri~ht, In Its sole discretIOn, to appeal from any a.dverse judgment or order (e) In all cases where this pohcy per- mits or reqUIres the Company to prose. cute or pro\lde for the defense llf any actIOn or proceedmlZ, the lnsured here- under shall secure to the Compan.y the rIght to so proserute or proVide defense III such actIOn or proceedmg-, and all appeals therem, and permit the Company to use, at ItS optIOn, the name of such Insured for such purpose. Whenever requested by the Company, such insured shall give the Company, at the Company's expense, all reasonahle aid (1) m any such actIOn or proceedinp; ill effecting settlement, secur- inJ!: eVidence, ohtammp; Witnesses, or prose- cutlnj1; or defendmJ!,: such actIOn Or plO' ceedmg, and (2) In any other act whil'h In the opllllOn of the Company may he necessary or deSIrable to establish the title to the estate or mterest or the lien of the Illsured mortgage, as msured, m- cludlnj!; but not limited to eXeCUllng cor- rective or other documents 4. Proof of Lo8S or Damage - Limi- tation of Action In addition to the notices reqUired un. der Parap;raph 3(b) of these Conditions and StJputltlOFlS, a proof of loss or dam. age, Signed and sworn to by the Insured rlaimant shall he furnished to the Com. pany Within 90 days after the InSlI ed claimant shall ascertam or determine the farts giving fiSC to such loss or de.mage. Such proof of loss or damalZe shllll de- scrIbe the defect m, or hen or t;:ncum- bronce on the title, or other matter Ill. sured ajZalDsl hy thiS policy which COIl- stltutes the basis of loss or damap;~. and. when appropflate, state the baSIS of cal- culatmg the amount of such loss Ot dam- age. Should such proof of loss or dllnl.lge fall to state facts sufficient to enahle the Company to determllle Its liahllity here- under, msured claimant, at the Written request of Company. shall furmsh <;urh additIOnal informatIOn as may rea<;onahl} be neressary to make such determnl.ldon No fight of actIOn shall accrue to 1lI- sured claimant until 30 days oCtet such proof of loss or dama,l:l'e shall ha\~ heclI furnished Failure to fUflllSh such proof of loss or damage shall termlllate any halllht} of the Company under thiS poliCY as to such los~ or dama~e 5. OptiOD8 to Payor Otherwise Settle Claims and Options tft Pur- chase Indebtedne5s The Company shall have the ophon to (Conditions and StipulatIons 'Continued and Concluded on Last Page of this Policy) ~. '.. " ;~OI1l011l1<1 I '-lIlO ,,"'. "'''''U<,'UlIUll , Slrllldord' Coverogc Pohcy_1913 SCHEDULE A Date of Policy, Amount of Insurance: S 121,000.00 JallU'lry 1'1, 1976 at 8:00 1'../1. Policy No: Charge S 7307661-45 345.56 1. Name of Insured. CITY 0F ARCADI~, a !!unicipal corporation Ref: 143 Hest Colorado Blvd., Park oite a fee , , ~ . hetcin and which is covered by this policy IS: ,l! \~ ,I' '""".., ~.~............._~. .It " , ' l"" 2. The eslate or interest in the land descnbed ~~ .'~' ~~:-, ~ , h '.~ " .1. The estate or .nterest referred to herem is, at, Date of Policy vested in' " '~-~ .,~ ~,' '.J CI?Y OJ' lIRCI,nrA, /~~~ a lIunicipal corpqr.i:ltiotl~ \ ~\" 1>> ...,.~ ~;.-{I ..... c'" Il. The land referred to In this policy IS situated in the Stale of California, County of and descflbcd as' follo\\-s: TJO:3 Angeles St:lC , 11 "'1 ,~ , . -...~ ..} i' , t:xhibJ. t. __!~ a ttac~lcd hereto antl r.mde a pilrt h!!rcof . 7307661-45 EXHIBIT I DES C RIP T ION PARCEL 1: That portion of Lot 1 of Tract No. 949, in the City of Arcadia, in the County of Los Angeles, State of California, as per map recorded in Book 17, Page 13 of Maps, in the Office of the County Recorder of said County, described as follows: Beginning at the intersection of the Northeasterly line of said Lot 1 with the North line of Colorado Boulevard (formerly Orange Avenue), 80 feet in width, as described in deed to said City of Arcadia, and recorded in Book 9396, Page 145, of Official Records, of said County; thence West along the North line of said Colorado Boulevard, 331.34 feet; thence North 262.93 feet, more or less, to the intersection with the Northeasterly line of said Lot 1; thence South 510 34' 00" East along the Northeasterly line of said Lot 1; 422.99 feet, more or less, to the point of beginning. PARCEL 2: That portion of Lot 1, Tract 949, in the City of Arcadia, in the County of Los Angeles, State of California, as per map recorded in Book 17, Page 13 of Maps, in the Office of the County Recorder of said County, described as follows: Beginning at a point in the North line of Colorado Boulevard (for- merly Orange Avenue), 80 feet in width, as described in deed to said City of Arcadia and recorded in Book 9396 Page 145 of Official Records, distant West 331.34 feet thereon from its point of inter- section with the Northeasterly line of said Lot 1; thence West along the North line of said Colorado Boulevard, 140 feet; thence North 374.03 feet, more or less, to its point of intersection with the Northeasterly line of said Lot 1; thence South 610 34' 00" East along the Northeasterly line of said Lot 1, 178.72 feet, more or less, to its point of intersection with a line drawn through the point of beginning, and having a bearing of North; thence South along said line, 262.93 feet, more or less, to the point of beginning. PARCEL 3: That portion of Lot 1 of Tract 949, in the City of Arcadia, in the County of Los Angeles, State of California, as per map recorded in Book 17, Page 13 of Maps, in the Office of the County Recorder of said County. Beginning at a point in the North line of Colorado Boulevard (for- merly Orange Avenue), 80 feet in width as described in deed to said - continued - 7307661-45 Page 2 City of Arcadia and recorded in Book 9396 Page 145, Official Records, of said County, distant I'lest 471. 34 feet thereon from its point of intersection with the Northeasterly line of said Lot 1; thence West along the North line of said Colorado Boulevard 105.00 feet; thence North 457.35 feet, more or less, to its point of intersection with the Northeasterly line of said Lot 1; thence South 51" 34' 00" East along the Northeasterly line of said Lot 1, 134.04 feet, more or less, to its point of intersection with a line drawn through the point of beginning and having a bearing of North; thence South along said line 374.03 feet, more or less, to the point of beginning. EXCEPT that portion of said land described as follows: Beginning at the Southeasterly corner of Lot 32 of Tract No. 16388 as shown on map recorded in Book 387 Pages 43 and 44 of Maps, in said Office; thence North 1" 03' 00" along the Easterly line of said Tract No. 16388 to the Northeasterly line of said Lot 1; thence South 52~ 37' 06" East along said Nor~heasterly line 89.04 feet; thence South 14" 50' 49" West, 126.85 feet; thence South 0" 59' 45" West 280.19 feet to a point in the Northerly line of Colorado Boule- vard, 80.00 feet wide as described in deed t9 the City of Arcadia, recorded in Book 9396 Page 145, Official Records, in said Office; thence Westerly along said Northerly line 25 feet to the point of beginning. f 1"'''10-13 \'-'"" I n",y 0-'" Cahform<:r Land Title ASsoclOhon Standard Coverage Pohcy-1973 SCHEDULE B This policy does not insure agamst loss or damage, nor against costs, attorneys' fees or expenses, any or all of whICh arise by reason of the following: PART I 1. Taxes or assessments which are not shown as existing hens by the records of any taxing authority that levies taxes or assessments on real property or by the pub lie records. Proceedings by a public agency which may result in ta::-..cs or assessmentst or notices of such proceedings, whether or not shown by the records of such agency or by the public records. 2. Any facts, rights, Interests or claims which are not shown by the public records but which could be ascertained by an inspection of lhe lnnd or by makmg inquiry of persons in possession thereof. 3. Easements, hens or encumbrances, or claims thereof, which are not shown by the public records. 4. Discrepancies. conflicts in boundary lines, shortage in area, encroachmentst or any other facts which n correct survey would disclose, and \\ hich are not shown by the public records 5. (a) Unpatented mining claims; (h) reservations or exceptions in patents or in Acts authorizing the issuance th~reof; (c) water fights, claims or title to water. 6. Any right, titlc, lIltcrcst, estate or easement in land beyond the lines of the area specifically described or referred to 1I1 Schedule A. or III abutting streets, roads, avenues. alleys, lanes, ways or waterwayst but nothing III this paragraph shall modify or limit the e::-..tent to which the ordInary Tight of an abullmg owner for access to a phYSically open street or highway is insured by this policy. 7. Any law. ordinance or governmental regulation (Including but not limited to building and zoning ordinances) re$tricting or regulatIllg or prohibIting the occupancy, usc or enjoyment of the land, or regulating the character, dimensions or location of any Improvemcnt now or hereafter erected on the land, or prohibIting a separation In ownershIp or a reductIon in the dimenSIOns or area of the land, or the effect of any violation of any such law, ordinance or governmental regulatIOn. 8. Rights of erument domaIn or governmental rights of police power unless notice of the exercise of such rights appears III the publIc records 9. Defects, liens, encumbrances, adverse claims, or other mallers (a) createdt suffered, assumed Or agreed to by the IIlsured claimant; (b) not shown by the public records and not otherWise excluded from coverage but known to the insured claimant cIther at Date of Pohcy or at the datc such claimant acquired an estate or interest insured by this policy or acqUired the Insured mortgage and not disclosed in writlllg by the Insured claimant to the Company pnor to the date such insured claimant became an insured hereunder; (c) resulting IT:. no loss or damage to the insured claimant; (d) attae,hmg or created subsequent to Date of Policy; or (e) resulting in loss or damage whIch would not have been sustained If the insurcd claimant had been a purchaser or encum. brancer for value Without knowledge. (Schedule B continued on next page of thiS Policy) ........"......,..... ..,-'....>J" ......"'1~...'.. PART II 1. c:econd inllta11:--:nnt rrener.1\l ancl specb.1 County and City ta~:(;!'l for the fi'lct\l y~at' 1')75-1976, in the arpunt of $261.62. Affects: Pnrccl 1 2. f.econd in'"ltall\"lent qoneral ilnd special County and City taxe9 for the fiscal ye:tr 1975-1976, in the arllollnt of $303.10. lI.ffects: \'l1rcol 2 II .<", , 3. Second .tnst-..all!"1cnt q:mnral and r;~C~21~\col1nty taxe~ for the fiscdl year 1~75-l97~, in~the aMOunt - - ~<~~, ,,~ !I.ffects: Parcel 3 '1".<.' and City of $145.40. ""'" 4. Covenants, cond:ltions and r.el'trictions (de1etinq therefrom any !'~3trictioJl3 lmsed on rncs;.(color, or croe.l), a!l' provided in dCl!d rncorded Septen'!hor 17, 1')-'f3~r(rl tI\Btr\l1"'.ent Ho. 383, in nook 20259, I'an", 211, Offici'll Recor.dB"'? ') !Oaie! co',,,nants, conJ'.(fions and restrictions provJ.uc th!l.t a violRti~a ther~of nhall noi,defeat nor render invalid the lien !. ' " t of uny 1'l0rt')'i\f,C or deed~\l9t '~ilde in qood faitl1 and for value. Aff~cts: Parcel ~ ' ~ 5. Covenanl:s~ conditions and reatrictions (deleting therefrom any rcr.trictib\n 'm~~l on race, color, or creed), ~g provided in doed !'tJcor<1cd'~la~ 23/ 1')45 <HI Inntr\ljll~nt cIa. 242, in I1oo}~ 22044, .. ..........r PI1'!(! 19, Officr"l.Rccordr;. !laid coven,'lnbl, c(\nditions ilod rClflf".rictio....!; pro'Ti(~tJ trot a viola t:ion t!1cr.eof r.:n<111 not r'l8f(~" t I":or render invalid tho llen of l;lny l'Oort<j30c or deBd of trust '~I\de in 'JOo..! faith and for wllue. ~ffectg: Parcel 2. E. Covanan!:!':, conditions amI restrictions (delating therefrol:l any re"trictions ba90d on J:1l.CO. color, or CTp.od), as provic1ad ill dcC'd rcco:rc!<:>'J ,Jul,! 30, 1946 a" :!nstrunent Ho. 736, in Book 23581, Pafle 21, Official P.ecorcl!l. naid CO'TCl!lantn, c<:>ndi tiQns and rp.strictions provtde thn t a violl1tioll therlmr ~hall not defeat nor rcndor invalid the lien of any loortq1\<;n or d('!cd of trU:'lt !".ac!c in ';000 fllith and for vil1uo. hff~ct3t Par.co1 3. . ..' ~ .. 7. nn ea~ement affecting the portion of aaid land stated hernin, for poln lines and inoidental purposes in favor of Southern california r.dison Co~pany, a corporation, as provided in the deed recorded tfovemher 24, 1950 as InstrWDent ~o. 3038, in Book 34891, Page 230, Offioial Records. Affectsr Tho Northeasterly G foot of Parcel 3. 8. A Notice of I'roceedinqB for redovelopruent of the Central Redevelopment Project Area of the City of Arcadia, under the provisions of the california Community Redevelopment Law, recorded Dec8nmer 28, 1973, as Instrument No. 4927, in Book M-4S57, Page 429, Offioial P~cord8. ' 9. The effect of the provisions of the redevolopment plan for the Central Redevelopment Project Area of tho City of Arcadia as approved and adopted December 26, 1973, by the City Council of the City of Arcadia, by Ordinance No. 1490, and recorded July 16, 1975, 8S Instrument No. 3632, in Book n-S065, Page I, Officinl Records. - c, " . January 27, 1976 ~ \ '" ) Mr. Edward Guerrero, Chief Tax Division, Auditor-Controller 500 West Temple Street, Room 153 Los Angeles, California 90012 Attention: Thelma Crutchfield Tax Cancellation Section SUBJECT: Request for Cancellation of Taxes (See Exhibit "A" consisting of two pages attached hereto for description) Dear Mr. Guerrero: Please cancel as of the date of recording all taxes 011 the property described in the attached copy of deed. This property is being acquired for public park purposes. There are no buildings on it. Very truly yours, J. WILLIAM PHILLIPS City Attorney JWP/aj Attachment ~c: City Clerk CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverie~SIde'of'Pohcy Face) payor otherwise settle for or In the name of an insured claimant any claim insured a~ainst, or to terminate all habillty and obhJ;"ations of the Company hereunder by payin~ or tendermg: payment of the amount of Insurance under this policy to<<ether with any costs, attorneys' fees and expenses mcurred up to tl1e time of such payment or tender of payment by the insured claImant and authonzed hy the Company In case loss or damage IS claimed under thIS pohcy by the owner of the indebtedness secured by the IDsured mortgage, the Company shall have the further optIOn to purchase such Indebted. ness for the amount owmg thereon to. gether with all costs, attorneys' fees and expenses which the Company IS obligated hereunder to pay. If the Company offers to purrhase "laid indebtedness as herem provIded, the owner of such mdebtedness shall transfer and assign said mdebtedness and the mortgage and any collateral se. curinJ!: the same to the Company upon payment therefor as herem proVided U flon such offer hemg made by the Comflany, all lIalllhty and obhjl;ations of the Com. pany hereunder to the owner of the in. debtedness secured by saId mSlued mort. ~age, other than the obhgatlOn. to pur. chase saId indebtedness pursuan.t to thiS paragraph, are temllnated. 6. Determination and Payment of Lo.. (a) The liability of the Company under thiS policy shall 10 no C9se exceed the least of (i) the actudl loss of the insured claimant, or (h) the amount of insuraTlce stated 10 Schedule A, or, If apphc:ahle, the amount of 10surance as defined m para. graph 2(a) hereof, or (iii) if thiS pohcy JOsures the owner of the mdebtedness secured by dle Insured mortgage, and prOVIded said owner IS the insured claimant, the amount of the un. paid prinCipal of said mdebtedness, plus interest thereon, prOVided sucb amount shall not mclude any additional prinCIpal Indebtedness created subsequent to Date of Poltcy, except as to amounts advanced to protect the hen of the Insured mortgage and set ured therehy (b) The Company Will pay, mad. dltlOn to any loss msured agamst by thiS policy, all costs Imposed upon an msured in htip;atlOn caffled on by the Company for such Insured, and all costs, attorneys' fees and expenses m litigatIOn carned on by such Insured WIth tbe wrltt~n author. lzatlon of the Company (c) When the amount of losi' or dam. aKe has been definitely fixed In accor- dance With the conditions of this pohcy, the loss or damap;e shall be paYllble with. In 30 days thereafter. 7. Limitation or Liability No claIm shall arIse or be mamtainahle under thiS poltcy (a) if the Company, after havinR receIVed notice of sn alleged defect, hen or encumbrance Insured aKaInst hereunder, by htlgatlOn or other- Wise, removes such defect, hen or encum. brance or estabhshes the title, or the lien of the Insured mortgage, as insured, With. In a reasonable tIme after receipt of such P.218 (G S) Rev 8-73 notIce, (b) m the e..ent of "tl~atlOn unlll there has heen a final determinatIOn by a court of competent JUrisdictIOn, and dispOSItIon of all appeals therefrom, ad verse to the tItle or to the hen of the tn. 'lured mortgage, as insured, a'l proVIded m paragraph 3 hereof, or ((') for halHhty voluntaflly admitted or as'lumed by an lnsured Without prIor wfltten ronsent of the Company 8. Reduction of In~urance; Termin. at ion of Liability All payments under thIS pohcy, c'l:cept payment made for costs, attorne}s' fees and expenses, shall redure the amount of the Insurance pro tanto, proVided, how. ever, If the owner of the mdebtedness secured by the msured mortp:a~e IS an 10- sured hereunder, then surh payments, prIOr to the acqUISition of tItle to saId estate or Interest as pro\lded In paragraph 2(a) of these ConditIOns and Stipulations, .,hall not reduce pro tanto the amount of the Insurance afforded hereunder u:, to an} such Insured, except to the extent that such payments reduce the amount of the mdelltedness secured by Su( h mortgage. Payment in full by any person or vol- untary satisfactIOn or release of the in. sured mortgage shall terminate all habil. ity of the Company to an. IDsured owner of the Indebtedness secured by the msured mortgage, except as prOVIded In paragraph 2 (a) hereof. 9. Liability Noncumulalive It IS expressly understood that the amount of msurance under tllle; pohry, us to the Insured owner of the estate or mterest covered by this pohcy, shall he reduced by any amount the Company may pay under any policy msurmg (a l a mortgap:e shown or referred to in Schedule B hereof which is a lien on the estate or mterest covered by thIS policy, or (h) a mortjZa,:!:e hereafter executed by an Insured whICh IS a charge or hen on the estate or mterest descrihed or referred to In Schedule A, and the amount so paid shall he deemed a payment under thiS pohcy. The Company shall have the option to apply to the payment of any such mort. gage any amount that otherwIse would be payable hereunder to the msured owner of the estate or Interest covered hy thiS pollcy and the amount so paid shall be deemed a payment under thiS policy to said Insured owner. The proviSIOns of this paragraph 9 shall not apply to an owner of the mdebtedness secured by the lDsured mortgap;e, unl~s such msured acquires tItle to said estate or mterest m satlsfartlon of saId Indeht. edness or any part thereof 10. Subrogation Upon Payment or Settlement Whenever the Company shall have paId or settled a dalffi under thiS pohcy, dll fight of subrogatIOn shall vest 10 the Com. pany unaffected by any act of the msured claimant, except that the owner of the 10, debtedness secured by the in!>ured mort. p;aj:!;e may release or substItute the per- sonal liability of any debtor or p:lIarantor, or extend or otherWise modify the terms of payment, or release a portion of the estate Or mterest from the hen of the in!>ured mortgap;e, or release any collateral secuflty for the mdebtedness, provided such act occurs pflor to receipt by such insured of notice of any claml of tItle or mterest adverse to the title to the estate or mterest or the pflority of the lien of the msured mortp;age and does not result In any loss of pfloflly of the hen of the msured mortj:!;ap;e The Company shall be subrogated to and be entitled to all nghl:8 and remedies which such msured claimant would have had agamst any person or property m respect to such claim had thiS pohcy not been Issued, and the Company IS hereby authOrized and empowered to sue, compromise or settle m Its name or In the name of the msured to the full extent of the loss sustamed by the Company If requested by the Company, the insured shall execute any and all documents to eVidence the wlthlll subrogation, If the payment does not cover the loss of such insured claimant, the Company shall be subrogated to buch rlJ:!;hts and remedies 10 the proportIOn whH'h saId payment bears to the amount of sdld loss, but such subrogation shall be 10 subordmation to an msured mortgage. If loss should result from any act of such ,"sured claImant, such act shall not VOId thiS pohcy, but the Company, m that e\ent, shall as to such msured claimant be reqUIred to pay onl} that part of any losses insured agaInst hereunder whICh shall exceed the amount, If any, lost to the Company by reason of the impairment of the right of subrogatIOn. 11. Liability Limited 10 Ihis Policy ThIS mstrument together With all en. dorsements Rnd other mstruments, if any, attached hereto by the Company .18 the entIre pohey and contract between the msured and the Company Any claim of loss or damage, whether or not based on neghgence, and which arises out of the status of the hen of the insured mortgage or of the title to the estate or m!erest covered hereby, or any action assertmg such claim, shall be re- stricted to the prOVISIOns and condItions and stipulatIOns of thiS pohcy. No amendment of or endorsement to this pohcy can be made except by wntmg en. dorsed hereon or attached hereto slI:!;ned by eIther the PreSident, a VJCc PreSIdent, the Secretary, an ASSistant Secretary, or vahdatmg officer or authorized signatory of the Company No payment shall he made WIthout pro- ducm!!: thIS poltcy for endorsement of such payment unless the poltcy be lost or de. stroyed, 10 whIch case proof of such loss or destructIOn shall be furDlshed to the satIsfaction of the Company. 12. Notices, Where Sent All nOlIces reqUIred to be given the Company and any statement m wntmg reqUlred to he furlllshed the Company shall be addressed to It at the office which Issued thiS pohcy or to Its Home Office, B640 ROSloe Boul{'vard, Panorama CIty, CahforDld 91409. 13, THE CHARGE SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITLE SEARCH, TITLE EXAMINATION AND TITLE INSURANCE, " SAFECO TITLE INSURANCE COMPANY POLICY OF TITLE INSURANCE @] SAFECD SAFECO TITLE INSURANCE COMPANY HOME OFFICE 13640 ROSCOE BOULEVARD P....NORAMA CITY, CALIFORNIA 91409 SAFECO TITLE INSURANCE COMPANY 'RE\,;t:;.I"IB"'" ($] SAFECD ,)10\ N ~ 2 1976 O[rI. Q' ~t\:~ W9IM tin Of l~'@tt. CLTA,I973 STANDARD COVERAGE POLICY OF TITLE INSURANCE I',ued hy , SAFECO TITLE INSURANCE COMPANY SUBJECT TO SCHEDULE B AND THE CONDITIONS AND STIPULATIONS HEREOF, SAFECO TITLE INSUHANCE COMPANY, a Cahfornia corporatIOn, herem called the Company, insures the insured, as of Dale of Policy shown in Schedule A, against loss or damage, nol e'\ceeding the amount of Insurance stated III Schedule A, nnd costs, attorney~" fees and expenses wlllch the Company may become obligated to pay hereunder, sustamed or Incurred by saId insured hy reason of: 1. Title to the estate or interest deSCrIbed III Schedule A being vested other than as stated therein; 2. Any defect in or lien or encumbrance on su<.h tItle j 3. Un marketability of such title; or 4 Any lack of the ordInary nght of an abutting owner for access to at least one physically open street or highway If the land, in fact, abuts upon one or more such streets or highways; and 10 additIOn, as to an insured lender only: 5. Invalidity of the lien of the Insured mortgage upon said estate or interest eXLept to the extent that such invalidIty, or claIm thereof, arises out of the transaction eVIdenced by the Insured mortgage dnd IS based upon a. usury, or I b. any consumer credit protection or truth in lending law; 6. Priority of any lien or encumbrance over the lIen of the In<;ured mortgage, said mortgage beIng shown In Sc.hedule B In the order of Its pnonty j or 7. Invalidity of any assIgnment of the Insured mortgage, prOVided such assignment is shown In Schedule B. ~A~~ ~. ~'''''''''-'''''\.\.'\\' $-~~UIlJi \\\1 ;:-.. \ ........ Ilr ,.It, - '" . ..,.... I, '::~oo. ODq< h ::~. oof"'t.'1. 1. A..;:"\\\t,\\\lP ORA Tlg'\O ~ i<Q. .;;:~ ~'-': ~.-=- :~ ~ ~.... , ~. >< ~'';&l:..:',(RCH.5. ,~'t;,'j:f tllJ'oo o~_ I o. 0.0... ~ '1 J;l... 00.... - 11\\\f4(m"i\\~f \\\,'\,'\.,'-.....~ 1VNJ(~ President \ , An Authorized SigllJ.ture P.21B (G S) Rev 6-73 CONDITIONS AND STIPULATIONS 1. Definition of Term8 The followmg terms when used III this policy mean: (8) "Insured". the insured named In Schedule A, and, subject to any rights or defenses the Company may hale had agaInst the named Insured, those who succeed to the mterest of such Insured by operation of law as dlstmguished from purchase mcludmg, but not hmited to, heirS. dlstnbulees, deVisees, surVivors, per- sonal representatives, next of km, or cor- porate or fidUCiary successors. The term "msured" also mcludes (I) the owner of the indebtedness secured by the insured mortga~e and each successor In ownership of such indebtedness (resen.mg, however, all rlj2:hts and defenses as to any such successor who a<:::qUlres the mdebtedness by operation of law as described in the first sentence of this subparagraph (a) that the Company would have had agamst the successor's transferor), and further mcludes (ii) any j2;overnmental agency or instrumentahty which 13 an insurer or guarantor under an Insurance contract or guaranty insurInp; or guaranteeing said Indebtedness, or any part thereof, whether named as an insured herem or not, and (nd the partIes deSignated In paragraph 2(a) of these Conditions and StipulatIOns (b) "insured cltumant": an insured claImIng loss or damage hereunder (c) "insured lender" the owner of an insured mortgage. (d) "insured mortgage": a mortgage shown m Schedule B, the owner of whICh JS named as an msured m Schedule A (e) "knowledge": actual knowledge, not constructive knowledge or notice which may be imputed to an msured by reason of any public records ({) "land": the land descnbed, spe. clfically or by reference In Schedule A, and Improvements affixed thereto '\\ohlch by law constitute resl properly; provided, however, the term "land" does not include any area excluded by Paragraph No. 6 of Part I uf Schedule B of thIS Pohcy (g) "mortgage": mortgage, deed of trust, trust deed, or other secunty instru- ment (h) "publIc records" those records which by law Impart constructive notice of matters relatmg to the land. 2, (a) Continuation of Immrance after Acquisition of Title by Insured Lender If thiS policy msures the owner of the mdebtedness secured by the msured mort- gage, thiS pohcy shall contmue m force as of Date of Policy m favor of such m- sured who acqUIres all Or any part of the estate or mterest m the land descnbed in Schedule A by foreclosure, trustee's sale, conveyance m heu of foreclosure, or other legal manner which discharges the hen of the msured mortgage, and If such msured IS a corporatIOn, Its transferee of the estate or mterest so acqUIred, prOVided the transferee is the parent or wholly owned SubSidIary of such msured; and m favor of any governmental agency or 10- strumentahty which acqUIres all or any part of the estate or mterest pursuant to a contract of msurance or guaranty in- surm~ or ~uaranteelng the mdebtedness secured by the msured mortgage. After any such acqUisitIOn the amount of insur- ance hereunder, exclUSive of costs, attor. neys' fees and expenses which the Company may he oblIgated to pay, shall not ex- ceed the least of (d the amount of msuranee stated m Schedule A. (11) the amount of the unpaid prm- cipal of the indebtedness plus interest thereon, as detennmed under paragraph 6(a) (iiP hereof, expenses of foreclosure and amounts advanced to protect the hen of the insured mortgage and secured by said msured mortgage at the time of ac- quisition of such estate or Interest m the land; or (iil) the amount paid by any govern- mental agency or mstromentahty, If SUC!l agency or mstrumentahty IS the msured claimant, m acqUIsitIOn of such estate or mterest in satisfaction of Its msurance contract or guaranty (b) Continuation of In8urance after Conveyance of Title The coverage of thiS pohcy shall continue m force as of Date of Policy, In favor of an Insured so long as such Insured retams an estate or mterest In the land, or owns an mdebtedness secured by a purchase money mortgage given by a purchaser from such msured, or so long as such 10- sured shall have habllIty by reason of co\enants of warranty made hy such In sured In any transfer or conveyance of such estate or mterest, prOVided, howeveI, thiS policy shall not contmue m force m favor of any purchaser from such Insured of either said estate or mterest or the in. debtedness secured by a purchase money mortgage gIVen to such msured. 3. Defen~e and Prosecution of Ac- tjone-Notice of Claim to be Chen by an [neured Claimant (a) The Company, at ItS own cost and withom undue delay, shall prOVide for the defense of an Insured m htlgatlOn to the extent that such htlgatlon Involves an alleged defect, lien, encumbrance or other matter insured agamst by this poiley (h) The Insured shall notify the Com- pany promptly in wntmg (i) In case of any lItigation as set forth m (a) above, (IIJ In case knowledge shall come to an Insured hereunder of any claim of title or mterest which IS adverse to the title to the estate or Interest or the lien of the Insured mortgaF;e, as insured, and which might cause loss or damage for which the Company may be hable by virtue of thiS policy, or (III) If title to the estate or in- terest or rhe lien oE the msured mortgage, as Insured, IS rejected as unmarketahle If such prompt notice shall not be gl\en to the Company, then as to such Insured aU liability of the Company shall cease and term mate In regard to the matter or matters for whIch such prompt notice is reqUIred. prOVided, however, that fail- ure to nOIJfy shall 10 no case prejudice the nghts of any such lllsured under thiS pobcy unless the Comp~ny sh.J.1I he pre- JudICed by such fadure dnd then only to the extent of such preJudu'e. (c) The Company shall have the right at Its own cost to institute and Without undue delay prosecute any achon or pro. ceedmg or to do any other act whICh In its opInIOn may be necessary or d~sir- able to establish the title to the estate or lnterest or the hen of the msured mort- gage, as msured; and the Company may take any appropriate actIOn, whether or not It shall be hable under the tenns of thiS pohcy, and shall not thereby <:on- cede hablhty or waive any prOVISion of thiS policy. (d) Whenever the Company shall have brou~ht any actIOn or interposed a def~nse as reqUIred or permitted by the provisions of thiS pohcy, the Company may pUt'sue any such htl~ation to final determmallOn by a court of competent Jurisdiction and expressly reserves the right, 10 its sole discretIOn, to appeal from any adverse judgment or order (e) In all Cases where thiS poltcy per- mils or requires the Company to prose. cute or prOVide for the defense of any actlon or proceedmg, the msured here- . under shall secure to the Company the nght to so prosecute or prOVIde defense III such action or proceedmg, and all apPeals therein, and pennlt the Company to use, at Its option, the name of such InSlned for such purpose. Whenever requested by the Company, such Insured shall gIVe the Company, at the Company's expense, all reasonable aid (1) in any such action or proceeding III effectmg settlement, secur- ing eVidence, ohtallllllg WItnesses, or prose cuhng or defendmg such actIOn or pro- ceedmg, and (2) III any other act whit h in -the optnion of the Company may be necessary or deSirable to establish the title to the estate or Interest or the lien of the tnsured mortgage, as Insured, In. cludtng hut not limited to executing cor- rective or other documents 4. Proof of Loss or Damage. Limi. tation of Action In additIOn to the notices reqUIred un. der Paragraph 3(b) of these Condlhons and StIpulahoRs, a proof of loss or dam. age, Signed and sworn to by the mSIJied claimant shall he furnished to the Com- pany Wlthm 90 days after the 10..,11 ed claimant shall ascertain or determme the facts glvtng rise to such loss or damage. Such proof of loss or damage shall de- scnbe the defect m, or hen or ene:um- brance on the title, or other matter In. sured a~amst by thiS pohcy whJ('h con- shtutes the hasls of loss or damage, and, when appropriate, state the baSIS of cal. culattnl2; the a!llount of such loss or dam- .,. Should such proof 'of loss or dllnlage fail to stale facts suffiCient to l"nahlf' thf" Company to determine Its liabIlity here- under, Insured clslmant, at the Written request of Company. shall furnish 'iuch additIOnal mformatlon as may rea"onahl} he necessary to make such determmJ.don No right of action shall accrue to 1Il- sured claimant until 30 days after $lH h proof of loss or damage shall hale hecn furnished Failure to furlllsh such proof of loss or damage shall terminate any llalllltty of the Company under thiS pohcy as to $uch loss or dumal-(e 5. Optione to Payor Otherwille Senle Claims bnd Options to I)ur- chaee Indebtedne5!'l The Company shaH ha~e the optlOlt to (Conditions and Stipulations Contmued and Concluded on ~ast Page, of thiS Policy) .., f .f , /'. c r' ,-.<..o"^ \...... ~ I O"W 0-/-> Califorma Land Title AUOClohon ~ ~ . Standard Coverage Pohcy-1973 SCHEDULE A Datc of Policy: Amount of Insurance: S 121,000.00 January 19, 1976 at SlOG A.M. Policy No: Charge S 7307661-45 345.56 1. Name of Insured: CITY OF A.'Il.CADIA, a Municipal corporation Reft 143 Hest COlorado Blvd., Park site a fee herein and4ich is covered by this policy is: c'll \~ \~ /~\ (~~ ,I , 2. The eslale or interest in the land described .,,~ // P) 3, The estate or interest referred to her~q Date of Policy vested in: V? , CITY OF ARCADIA, ~~ a Hunicipal cor~flt:JiO'n~\ ~~~, I, , .... ~ ! 11 '\~ <1.. The land referrea....to in this policy is situated in the State of California, County of """'~'1 and descnbea?S.s follows: ~ \~ Jj See Exhibf~tt:ached hereto and made a part hereof Los Angeles . -' 7307661-45 EXHIBIT I DES C RIP T ION PARCEL 1: That portion of Lot 1 of Tract No. 949, in the City of Arcadia, in the County of Los Angeles, State of California, as per map recorded in Book 17, Page 13 of Maps, in the Office of the County Recorder of said County, described as follows: Beginning at the intersection of the Northeasterly line of said Lot 1 with the North line of Colorado Boulevard (formerly Orange Avenue), 80 feet in width, as described in deed to said City of Arcadia, and recorded in Book 9396, Page 145, of Official Records, of said County; thence West along the North line of said Colorado Boulevard, 331.34 feet; thence North 262.93 feet, more or less, to the intersection with the Northeasterly line of said Lot 1; thence South 510 34' 00" East along the Northeasterly line of said Lot 1; 422.99 feet, more or less, to the point of beginning. PARCEL 2: That portion of Lot 1, Tract 949, in the City of Arcadia, in the County of Los Angeles, State of California, as per map recorded in Book 17, page 13 of Maps, in the Office of the County Recorder of said County, described as follows: Beginning at a point in the North line of Colorado Boulevard (for- merly Orange Avenue), 80 feet in width, as described in deed to said City of Arcadia and recorded in Book 9396 Page 145 of Official Records, distant West 331.34 feet thereon from its point of inter- section with the Northeasterly line of said Lot 1; thence vlest along the North line of said Colorado Boulevard, 140 feet; thence North 374.03 feet, more or less, to its point of intersection with the Northeasterly line of said Lot 1; thence South 610 34' 00" East along the Northeasterly line of said Lot 1, 178.72 feet, mor~ or less, to its point of intersection with a line drawn through the point of beginning, and having a bearing of North; thence South along said line, 262.93 feet, more or less, to the point of beginning. PARCEL 3: that portion of Lot 1 of Tract 949, in the City of Arcadia, in the County of Los Angeles, State of California, as per map recorded in Book 17, Page 13 of Maps, in the Office of the County Recorder of said County. Beginning at a point in the North line of Colorado Boulevard (for- merly Orange Avenue), 80 feet in width as described in deed to said - continued - 7307661-45 Page 2 City of Arcadia and recorded in Book 9396 Page 145, Official Records, of said County, distant \'lest 471.34 feet thereon from its point of intersection with the Northeasterly line of said Lot 1; thence West along the North line of said Colorado Boulevard 105.00 feet; thence North 457.35 feet, more or less, to its point of intersection with the Northeasterly line of said Lot 1; thence South 510 34' 00" East along the Northeasterly line of said Lot 1, 134.04 feet, more or less, to its point of intersection with a line drawn through the point of beginning and having a bearing of North; thence South along said line 374.03 feet, more or less, to the point of beginning. EXCEPT that portion of said land described as follows: Beginning at the Southeasterly corner of Lot 32 of Tract No. 16388 as shown on map recorded in Book 387 Pages 43 and 44 of Maps, in said Office; thence North 10 03' 00" along the Easterly line of said Tract No. 16388 to the Northeasterly' line of said Lot 1; thence South 520 37' 06" East along said Northeasterly line 89.04 feet; thence South 140 50' 49" West, 126.85 feet; thence South 00 59' 45" West 280.19 feet to a point in the Northerly line of Colorado Boule- vard, 80.00 feet wide as described in deed to the City of Arcadia, recorded in Book 9396 Page 145, Official Records, in said Office; thence Westerly along said Northerly line 25 feet to the point of beginning. ,.-....u.u \........ I .",,. U-'" Cahforrno Land Title ASSOcIation Standard Coverage Pohcy-1973 SCHEDULE B This policy does not insure against loss or damage, nor against costs, attorneys' fees or expenses, any or all of which arise by reason of the followmg: PART I 1. Taxes or assessments whIch are not shown as existing liens by the records of any taxing authority that levirs taxes or assessments on real property or by the public records. Proceedings by a pubhc agency which may result in taxes or assessments, or notices of such proceedIng<;, whether or not shown by the records of such agency or by the public records. 2 Any facts. rights. interests or claims whIch are not shown by the pubhc records but which could be ascertained by an inspectIOn of the lnnd or by making inquiry of persons in possessIOn thereof. :1. Easements, hens or encumbrances, or cl31ms thereof, which are not shown by the public records. 4 Discrepancies, confilcts In boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and \",hlch are not shown by the public records. 5 (a) Unpatented mining claims; (b) reservatIons or exceptIOns in patents or In Acts authoTlzing the Issuance thereof, ((") water rights, claims or title to water. 6. Any TIght, tItle, interest, estate or easement in land beyond the lllles of the area specifically described or referred to in Schedule A. or III abultIng street", roads, avenues, alleys, lanes, ways or waterways, but nothIng III this paragraph shall modIfy or lImit the extent to which the ordInary TIght of an abuttIng owner for access to a physically open street or highway is insured by this policy. 7. Any law. ordlllunce or governmental regulatIOn (IncludlOg but not lImited to bUlldlllg and zoning ordinances) restTlctlOg or regu]atlllg or prohibltmg the occupancy, use or enjoyment of the land, or regulating the character, dimensIOns or 10<':1tlOn of any Improvement now or hereafter erected on the land, or prohibiting a separation in owners}l1j> or a reductIOn In the dimenSIOns or area of the land, or the effect of any violation of any such law, ordInance or governmental regulation. 8. Rights of emlllent domalll or governmental rights of polrce power unless notice of the exercise of such rights appears in the pubhc records. 9. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed or agreed to by the Insured cl..umantj (b) not shown by the public records and not otherwise excluded from coverage but known to the Insured clarmant either at Date of Policy or at the date such clarmant acquired an estate or Interest insured by this poltcy or acqUired the Insured mortgage and not disclosed In writIng by the Insured claimant to the Company prior to the date such insured claimant became an insured hereunder; (c) resultIng ir. no lo~s or damage to the JOsured claImant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustaIned If the insured claimant had been a purchaser or encum. brancer for value without knowledge. (Schedule B continued on next page of thiS Policy) ~tandard l".;overage J-'OIICy-l~/;j PART II 1. Second installment general and special County and Cit.y taxes for the fiscal year 1975-1976, in the amount of $261.62. Affects I Parcel 1 2. Second installrnent general and special County and City taxes for the fiscal year 1975-1976, in the amount of $303.10. Affects, Parcel 2 L1 3. Second installment general and speJf!a')\County and. City taxes for the fiscal year 1975-1976, ~~~nnt of $145.40. Affects I Parcel 3 ~ 4. Covenants, conditions and ~tiotions (deleting therefrom any restrictions based on rllc~. (,aolOr, or creed), as provided in deed recorded septem\>er 17, 194'~" Instrmrent No. 383, in Book 20259, Pago 211, Official Records , Said covenants,~ c~ ns and restrictions provide that a ViOlat:.iOl\ thereof a 11 ~ defeat nor render invalid the lien of any mortgage or de of at !l'.ade in qood faU:h and for value. Affects: Parcell. 5. covenant~nditlons and restrictions (deJ.eting therefrom any reotricti~,s "'baBj4d on race, color. or creed). as provided in deed recorded~~ 1945 as InstrUlllent No. 242, in Book 22044, Pag~ 19, offlc ords. Said eovenan~s, conditions and re.ctrlct:.ion3 provide that a violation t!lGlreof shall not defeat nor render invalid tho lien of any !!:Ortgage or deed of t:rUGt made in good faith and for value. Affects: Parcel 2. \ ,{ , 6. Covenants, condit.ions and restrictions (deleting t-l1ereEroo any, restrictions bal:led on race, color, or creed). as provided in deed recorded Jnl~ 30, 1946 as Ynstrument Uo. 136. in Book 23581, Page 21, Official Records. Said covenants, conditions and restrictions provide that a violation thereof ohall not defeat nor render invalid tho lien of any mort.gage or deed of trust made in good faith and for value. Affects I Parcel 3. . ...t>i~_ , ~- ,- - I ~:.t:t.2 " , : ' :~~l;,..~" 7. An easement affecting the por1:1on of said l8nd B1:ated herein. for pole lines ana incidental purposes in favor of Sout:hern california Edison Company, a' eorporat!on. as provided in the deed- recorded November 24. 1950 as %nsh'<1IueDt: No. 3038. in Book 34891. Page 230.' Official Records. Affects. The Northeasterly 6 feet: of Parcel 31' 8. A No1:1ee of l'xueeedlo98 for redavelopaent of the central Redevelopment: Project: Area of the City of Arcadia. .....~er t;be, provisions of the California ev......unity Redeveloplllellt Law. recorded Decomber 28, 1973. as IJlst...~t: No. 4927. in Book M004S5? Page 429. Official Records. g. The effect of 'the provisloDs of the redevelopment plan for the Central Redevelopment Project Area of t:he City of Arcadia as approved and adopi:ec1 December 26. 1973, by the Cny Council of the City of ~dia. by Ordinance No. 1490, and reeorde4 July 16, 1975, as Inst:rument No. 3632, in Book ~t-5065. Paqe' 1, Official Records.. - "' >,' - '~', . '" , ""'-' . , " .,i-: , .' CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face) payor otherwise settle for or in the name of an insured claImant any claim Insured a,E\:amst, or to term mate all liab1l1ty and obli~ations of the Company hereunder hy payinJ!: or tenderln~ payment of the amount of Insurance under this pohey tOJ!;ether with any costs, attorneys' fees and 'expenses Incurred up to the time of such payment or tender of pa}ment by the msured claimant and authorized by the Company In case loss or dama~e IS claimed under thiS pohcy by the owner of the indebtedness secured by the msured mort~age, the Company shall have the further optIOn to purchase such mdebted- ness for the Bmount owmg thereon to. ~ether with all costs, attorneys' fees and expenses which the Company is obligated hereunder to pay. If the Company offers to purchase said Indebtedness as herein provided, the owner of such mdehtedness shall transfer and assi~n said Indehtedness and the mortp;ap;e and any collateral se. curm~ the same to the Company upon payment therefor as herein proVided. Upon such offer being made by the Company, all habllity and obh~atlons of the Com. pany hereunder to the owner of the in- debtedness secured by said lIlsured mort. ~aJ!:e, other than the obh~ation to pur- chase said mdebtedness pursuant to thiS para~raph, are tenninated. 6. Determination and Payment oC 1.0" (a) The habihty of the Company under this policy shall in no case exceed the least of (i) the actufll loss of the Insured dalmant, or (iI) the amount of insurance stated in Schedule A, or, If apphcahle, the amount of insurance as defined In para' ~raph 2(a) hereof; or (Hi) if this pohcy Insures the owner of the Indebtedness secured by the msured mortRa~e, and prOVided said owner IS the Insured claimant, the amount of the un- paid pnnclpal of said Indebtedness, plus IIlterest thereon, prOVided such amount shall not mclude any additional prmcipal IIldebtedness created subsequent to Date of Policy, except as to amounts advanced to protect the hen of the Insured mortgage and secured thereby (b) Tbe Compsny Will pay, III sd- dltlOn to any loss IIlsured agalllst by this pohcy, all costs Imposed upon an IIlsured III hugatlon carned on by the Company for such insured, and all costs, attorneys' fees and expenses In litigatIon earned on by such msured with the wntten author. ization of the Company. (c) When the amount of loss or dam. a~e has been defimtely fixed m sccor- dance With the conditions of thiS pohcy, the loss or dama~e shall be payable With. in 30 days thereafter. 7. Limitation oC Liability No claim shall arise or be maintainable under thiS pohcy (a) If the Company, after havlllJ!; received notice of an alleged defect, lien or encumbrance IIlsured agamst hereunder, by htlgatlOn or other- Wise, removes such defect, hen or ent.um. brance or estabhshes the title, or the hen of the Insured mortgage, as insured, wllh. III a reasonable time after receipt of such P-218 (G S) Rev 8-'13 notlre, (II) III the e...ent of htl~atlOn Ilntil there ha<; heen a final determmatlOn hy a court of rompetent JUTlS(!JctlOn, and diSpOSitIOn of all appeals therefrom, ad- ver<;e to the title or to the hen of the 1Il- sllred mort~a~e, as insured, as prO\ lded III paragraph .) hereof. or (c) for hal)lht} voluntarily admitted or assumed b} an IIlsured without prIOr wTltten consent of the Company. 8. Reduction oC Ineurance; Termin- ation oC Liability All payments under thiS pohcy, except payment made for costs, attorne}s' fees and expenses, shall reduce the amount of the Insurance pro tanto, prOVided, how- ever, If the owner of the Indebtedness secured by the insured mort~a~e IS an 1Il- sured hereunder, then such payments, prior to the acqUisitIOn of title to said estate or IIlterest as prO\ Ided III paragraph 2(a) of these Conditions and StipulatIOns, shall not reduce pro tanto the amount of the IIlSUrallre afforded hereunder as to any such Insured, except to the extent thdt such payments reduce the amount of the IIldebtedness secured by such mortga~e. Payment In full by any person or vol- untary sal1SfllctlOn or release of the 1Il- sured mort~age shall term mate all haIlIl- Ity of the Company to an IIlsured owner of the mdehtedness secured by the msured mortJ!;age, except as provided In paragraph 2(a) hereof 9. Liability Noncumulative It 1<; expressly understood that the amount of Insurance under this pohC), as to the msured owner oC the estate or mterest covered by this pohcy, shall be reduced hy any amount the Company may pay under any policy Insuring (a) a mort~a~e shown or referred to III Schedule B hereof which IS a hen on the estate or Interest covered hy this pohcy, or (b) a mortJ!:agc hereafter executed by an msured which IS a charJ!:c or hen on the estate or mterest descrihed or referred to in Schedule A, and the amount so pnld shall be deemed a payment under thIS pohc y. The Company shall have the optIOn to apply to the payment of any such mort- J!:af.!;e nny nmonnt that otherwIse would be payable hereunder to the IIlsured owner of the estnte or interest covered by thIS pohcy and the amount so pBld shall he deemed a payment under thiS poltcy to said Insured owner The prOVISIOns of thiS paragraph 9 shall not apply to an owner of the mdcbtedness secured by the msured mortga~e, unle:.s such IIlsured arqlllres title to saId estdte or mterest m salisfnctlOn of said indebt- edness or any part thereof 10. Subrogation Upon Payment or Settlement Whenever the Company shall have paid or settled a claim under this poltcy, all riJ!;ht of subro~atlon shall vest III the Com- pany unaffected by any act of the msured claimant, except that the owner of the in- debtedness serured by the insured mort- J!;a~e may release or suhshtute the per- sonal liability of any debtor or ~uarantor, or extend or otherWise modify the terms of payment, or release a portion of the estate or mterest from the hen of the lIlsured mortj!;a~e, or release any collateral secuI'lty for the Indebtedness, proVided such act occurs prIOr to recel pt by such insured of nOllce of any claim of title or IIlterest adverse to the title to the estate or interest or the pTlOI'lty of the lIen of the msured mort~aj:!:e nnd does not result In an}' loss of PTlority of the hen of the Insured mortga~e. The Company shall be subro~ated to and be entitled to all TIghts and remedies which such IIlsured claimant would have had aj!;alllst any person or property in respect to such claim had this policy not been issued, and the Company IS hereby authoTlzed and empowered to sue, compromIse or settle In Its name or in the name of the msured to the full extent of the loss sustamed by the Company If requested by the Company, the msured shall execute any and all documents to eVIdence the within subrogatIOn If the pa}ment does not cover the loss of such Insured claimant, the Company shall he subro/!ated to such T1i!hts and remedies in the proportIOn which said payment bears to the amount of saId loss, hut such subrogatIOn shall he m subordinatIon to an Insured Il'ortp;age If loss should result from any act of such IIlsured cl81mant, such act shall not void thIS pohcy, but the Company, III that e...ent, shdll as to such insured claImant be reqUired to pay onl} that part of any losses msured agsmst hereunder which shall exceed the amount, if any, lost to the Company by reason of the Impairment of the nght of subrogatIOn. 11. Liability Limited to thill Policy ThiS IIlstrument together WIth all en- dorsements and other Instruments, If any, attached hereto hy the Company IS the enllre pohcy and contract between the Insured and the Company Any claim of loss or damage, whether or not based on neghgence, and which nrlses out of the status of the hen of the msured mortgage or of the tJtle to the estate or Interest covered hereby, or any actIOn nssertmp; such claim, shall he reo strlcted to the prOVISions and condlltons and sl1pulatlOns of thiS pohcy. No amendment of or endorsement to thiS policy can be made exrept by WTltlllg en. dorsed hereon or attached hereto signed by either the PreSIdent, a VIce PreSIdent, the SecretnT}', an Asslstan t Secretary, or valIdatmg officer or authOrized Signatory of the Company. No payment shall be made Without pro. duclng thiS pohcy for endorsement of such payment unless the pohcy be lost or de- stroyed, In whICh case proof of such loss or destructIOn shall be furmshed to the sattsfaction of the Company 12. Notices, Where Sent All notices reqUired to be ~Iven the Company and an} statement III Wrltlllg reqUIred to be furmshed the Company shall be addressed to It at the office whICh Issued thIS pohcy or to Its Home Office, 13640 Roscoe Boulevard, Panorama CIIY, Cahforma 91409. // " 13, THE CHARGE SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITLE SEARCH, TITLE EXAMINATION AND TITLE INSURANCE, SAFECO TITLE It'-JSURANCE COMPANY POLICY OF TITLE INSURANCE @] SAFECD SAFECO TITLE INSURANCE COMPANY HOME OFFICE 13640 ROSCOE BOULEVARD PANORAMA CITY, CALIFORNIA 91409 SAFECO TITLE INSURANCE COMPANY